Bus-311: Management Information Systems Introduction to Course Introduction to Information Management Agenda • • • • • Introductions Name cards Syllabus – course overview Lab Intro Lecture: – Introduction to Information Management 2 BUS 311 - Fall 2003 Your Instructor • Name: Jakob Iversen • Background: – Danish Citizen – Software Engineer: Master’s Degree, 1996, Aalborg University, Denmark – Ph.D. in Computer Science, 2000, Aalborg University, Denmark. Thesis title: ”Data-Driven Intervention in software Process Improvment” – Assistant Professor at UW Oshkosh from Fall 2000 – Primary research interest: Software development and Software Process Improvement (SPI) 3 BUS 311 - Fall 2003 COBA Assessment Goals • COBA graduates will demonstrate knowledge in the functional business areas. • COBA graduates will be able to apply basic ethical principles to business situations. • COBA graduates will demonstrate competency in communication skills, including business writing. • COBA graduates will demonstrate competency in analysis and creative problem solving by using information and solving problems. • COBA graduates will demonstrate competency in Information technology skills including the use of computers to organize and analyze information. 4 BUS 311 - Fall 2003 Course Goals • • • • • • • • Understand the impact of IT on business. Identify opportunities for applying IT. Understand IT planning and evaluating IT investments. Understand issues associated with implementing change. Understand systems development. Understand issues associated with IT management. Gain experience in a fundamental tool for storing, manipulating, and presenting information. Learn how to develop Graphical User Interface (GUI) applications. 5 BUS 311 - Fall 2003 Course Overview / Policy • Read before class – ask questions • Course in two parts: Lecture and lab • Communication – Web page and email (all slides will be available on web) • Assignments/Exams/Grading – – – – – Comprehensive exam 4 IT problems Presentation Database project 8 Access assignments 40% 20% 8% 20% 12% • Changes, suggestions, etc. • Schedule may change • Check your email 6 BUS 311 - Fall 2003 Lab Work – Good Advice • Always work from the hard drive or a Zip disk. • Use the network drive you have been assigned to store your work. • Copy everything you work on to floppy disks daily (also a good idea if you will be working at home) • Don’t skip the ‘Tutorial’ part in the book. A lot is explained that is difficult to find and understand unless you worked through the examples. • Don’t save your work on local hard drive – machines will be wiped clean occasionally. 7 BUS 311 - Fall 2003 Next Week • Until next time – Make sure your student account is working – Email and Blackboard – Access Course Web site • http://www.uwosh.edu/fac ulty_staff/iversen/311 • Check out IT Problem 1 • Tuesday – Databases – Stair, Chapter 3 and Appendix on Relational Databases in Access book (p. RD 1-11) • Thursday in Lab (HS 101C) – New to Windows XP? • Take Windows XP tour, especially XP Basics • Go through both Windows 2000 tutorials in Access book – Some experience? • Go through Windows 2000 Tutorial 2 – Lots of experience? • Start directly on Access Tutorial 1 • Assignment: – Case 2 (p. AC 1.28-1.29) and Internet Exercise (p. AC 1.32) 8 BUS 311 - Fall 2003 CHAPTER 1 INTRODUCTION BUSINESS AND INFORMATION TECHNOLOGY Why did YOU take this course? • Well, since this is a required course ... Why do you think it is required? 10 BUS 311 - Fall 2003 Why You Need to Learn About Information Technology • • • • • IT IT IT IT IT is Generally Interesting Facilitates Work in Organizations Offers Career Opportunities is Used by All Departments is Crucial to Society 11 BUS 311 - Fall 2003 What Is Information? 12 BUS 311 - Fall 2003 Transforming Data into Information 13 BUS 311 - Fall 2003 What is a Computer-Based Information System? • Collects, processes, stores, analyzes, disseminates information • Specific purpose • Uses information technology • What information system did/will you interact with today? 14 BUS 311 - Fall 2003 Functions of Information Systems 15 BUS 311 - Fall 2003 Components of Information Systems Information Technology (IT) 16 BUS 311 - Fall 2003 Information Technology (IT) Components of Information Systems 17 BUS 311 - Fall 2003 Capabilities of Information Systems • Fast and Accurate Transactions • Large Capacity, Fast Access Storage • Fast Communications (machine to machine, human to human) • Reduce (and cause) Information Overload • Span Boundaries • Provide Support for Decision Making • Provide a Competitive Weapon • General Technological Trends for IT... – What trends have you observed? – What do you think will happen in the future? 18 BUS 311 - Fall 2003 Types of Business Information Systems • Electronic Commerce • Transaction Processing Systems – Supports basic transactions in a company • Enterprise Resource Planning (ERP) – Unified system for an entire corporation • Information and Decision Support Systems – Systems that help managers make decisions • Special-Purpose Business Information Systems – Artificial Intelligence, Expert Systems, and Virtual Reality 19 BUS 311 - Fall 2003 Organizations and Information Systems • Organization – A formal collection of people and other resources established to accomplish a set of goals • Value Chain – A series (chain) of activities that includes inbound logistics, warehouse and storage, production, finished product storage, outbound logistics, marketing and sales, and customer service 20 BUS 311 - Fall 2003 General Model of an Organization 21 BUS 311 - Fall 2003 Porter’s Value Chain Firm Infrastructure Human Resource Management Technology Development Upstream Companies Suppliers' Value Chain Downstream Companies Procurement Inbound Logistics Operations Outbound Logistics Marketing and Sales Service Customers' Value Chain 22 BUS 311 - Fall 2003 Manufacturing Value Chain 23 BUS 311 - Fall 2003 Technology Diffusion and Infusion • Technology diffusion – A measure of how widely technology is spread throughout an organization • Technology infusion – The extent to which technology is deeply integrated into an area or department • Technology may be widely diffused but only highly infused in a few areas 24 BUS 311 - Fall 2003 Porter’s Competitive Forces Model • Competition – a significant and (ideally) long-term benefit to a company over its competition – at the core of a firm’s success or failure • Porter’s Model can be used to develop strategies for companies to increase their competitive edge • The model demonstrates how IT can enhance competitiveness • 5 major forces: … Next slide… 25 BUS 311 - Fall 2003 Porter’s Five Forces Model New Entrants Threat of New Entrants Industry Competitors Suppliers Bargaining Power of Suppliers Intensity of Rivalry Bargaining Power of Buyers Buyers Threat of Substitutes Substitute Products 26 BUS 311 - Fall 2003 Strategic Planning • Altering the industry structure • Creating new products and services • Improving existing product lines and services • Using information systems for strategic purposes 27 BUS 311 - Fall 2003 Competitive Advantage Factors and Strategies 28 BUS 311 - Fall 2003 Competitive Advantage Factors and Strategies 29 BUS 311 - Fall 2003 Other Strategies • Cost leadership strategy - producing at lowest cost • Differentiation strategy - being unique • Focus strategy - selecting a narrow-scope segment • Growth strategy - increasing market share • Alliances strategy - working with business partners • Internal efficiency strategy - improving the manner in which business processes are executed • Customer-oriented strategy - concentrating on making customers happy 30 BUS 311 - Fall 2003 Three Stages in the Use of IS 31 BUS 311 - Fall 2003 The Evolution of IS Stage 1: Cost reduction and Productivity BUS 311 - Fall 2003 Stage 2: Competitive Advantage Stage 3: Performance-Based Management 32 Measuring Performance • Productivity – A measure of the output achieved divided by the input requirement – Productivity=(Output/Input) x 100% • Quality – The ability of a product (including services) to meet or exceed customer expectations • Return on Investment (ROI) – One measure of IS value that investigates the additional profits or benefits that are generated as a percentage of the investment in information systems technology • Total Cost of Ownership (TCO) – Measuring both expense and benefits of a system. For a PC, includes purchase price, training, software, support, etc. 33 BUS 311 - Fall 2003 Total Cost of Ownership (TCO) • Obvious costs – – – – – – – – Hardware Software license fees Personnel HW + SW deployment Support + service Custom application development Upgrades Energy + space BUS 311 - Fall 2003 • Not-so-obvious costs – System downtime – lost productivity, opportunities – Being locked into a technology – Moving to other technologies and platforms – Having non-standard configurations – Amount of training required 34 Information Systems Personnel 35 BUS 311 - Fall 2003 Three IS Functions • Operations – Maintains and supports the use of corporate information systems • Systems Development – Development of corporate information systems • Support – Provides assistance to users 36 BUS 311 - Fall 2003 Major IS Issues • Outsourcing – What services are best delivered by in-house expertise and what should be outsourced? – Cost savings, access to larger labor pool – On-shore, off-shore, near-shore • • • • Centralized vs. Decentralized organization Showing value of IS to the organization Disaster/Business Recovery Security 37 BUS 311 - Fall 2003 IT Jobs • • • BUS www.salary.com http://www.computerworld.com/careertopics/careers/story/0,10801,75368,00.html http://marketing.dice.com/rateresults/ 311 - Fall 2003 38 The 10 Fastest-Growing Occupations 2003-2010 Read more in September 2003 issue of Business 2.0 (page 97) 39 BUS 311 - Fall 2003